Superb AI, an AI-enabled training data automation platform, completed a $9.3 million Series A funding round.
Atinum Investment led the round with participation from existing and new investors, including Premier Partners, Stonebridge Ventures, Murex Partners, KT Investments, and Duke University’s Angel Network.
Including the latest funding round, Superb AI has raised $11.3 million to date. The company plans to use the latest funds to ramp up hiring and scale customer adoption, as well as expand and accelerate product development.
Superb AI is taking a unique approach to AI training data, helping companies automate the time-consuming process of labelling, managing, and delivering training data.
“Many AI platforms claim to offer automation but in reality they only deliver a slightly faster way for humans to manually label images,” said Jung Kwon Lee, Co-Founder and CTO, Superb AI. “What’s more, many AI-assisted tools don’t provide any value when it comes to labeling edge cases, or difficult examples. In those cases, manually labeling is still required. Superb AI is different because it provides a truly automated solution for any company at any stage of maturity. All the labeling, auditing, and workflow tools necessary to expedite the QA and delivery of training datasets are conveniently packaged in the Superb AI platform.”
“The financing will allow us to rapidly scale the business while meeting the growing needs of our customers. Because our deep learning AI can label and analyze images and videos up to 10 times faster than manual processes, we are able to eliminate many of the traditional bottlenecks and allow every industry to more easily adopt AI technology,” said Kim, Co-Founder and CEO of Superb AI.
The Series A financing builds on an exceptional year for Super AI, which saw a rapidly growing roster of customers and extraordinary momentum in the emerging area of computer vision and enterprise-grade training data. The company’s blue-chip clients include Samsung Electronics, Qualcomm, and LG.
Image Credit: Superb AI